
European Central Bank president Christine Lagarde
The European Central Bank’s Governing Council added a tweak to its approach to bond purchases on December 10, which could prove crucial in 2021.
President Christine Lagarde’s introductory statement announced a €500 billion ($605.6 billion) increase to the Pandemic Emergency Purchase Programme (PEPP), taking the total to €1.85 trillion. Net purchases were also prolonged by nine months to March 2022. However, the ECB added a new sentence to the statement, indicating this increase may never be
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Original Source